The HS Code 99020247 refers to a specific cuprate compound (CAS No. 106404 06 2) that falls under subheading 3204.16.30. This article aims to provide an extensive and educational overview of this HS code, its significance in international trade, and the various aspects related to it.
The specific cuprate compound covered under HS Code 99020247 is a chemical substance with the CAS (Chemical Abstracts Service) number 106404 06 2. Cuprates are a class of materials that contain copper oxide layers and exhibit high-temperature superconductivity and other interesting physical properties. The inclusion of this product in subheading 3204.16.30 indicates its classification within the broader category of pigments, paints, varnishes, and other surface coatings.
The bound or Most Favored Nation (MFN) duty rate refers to the tariff imposed on imports of a particular product. In the case of HS Code 99020247, the duty rate is set at "Free." This means that no import duty or tariff is applied to this specific cuprate compound when it is traded between countries. The concept of MFN treatment ensures that trade barriers are lowered and markets are opened up uniformly for all trading partners, promoting fair and equal opportunities for international commerce.
The available quantity unit for HS Code 99020247 is listed as "Not Available" (NA). This indicates that the specific cuprate compound does not have a standardized unit of measurement for quantity. The absence of a quantity unit suggests that the trade of this product may be based on different criteria, such as weight, volume, or concentration, depending on the specific requirements and agreements between trading parties.
There is no specific information available regarding special tariff preference programs for HS Code 99020247. It implies that this product does not currently qualify for any preferential treatment under trade agreements or regional trade blocs. However, it is essential to regularly review and stay updated on changes in trade policies and agreements that may affect the duty rates and preferences for this specific cuprate compound.
HS Code 99020247 can be imported and exported between various states within the United States. The specific cuprate compound can be traded between any state that is involved in international trade activities. The importing and exporting states may include major economic hubs such as California, Texas, New York, and Illinois, among others. The movement of goods between states is an integral part of domestic and international trade, contributing to economic growth and development.
HS Code 99020247 represents a specific cuprate compound (CAS No. 106404 06 2) falling under subheading 3204.16.30. This article provided an extensive overview of the HS code, including its product description, bound / MFN duty rate, quantity unit, special tariff preference programs, and importing/exporting US states. Understanding the details and implications of HS codes is crucial for businesses engaged in international trade, as it ensures compliance with customs regulations and facilitates smooth cross-border transactions.